Orrstown Financial Services Inc (NASDAQ: ORRF) is a community banking company that operates through its bank subsidiary, providing commercial and consumer banking services across Pennsylvania and Maryland. It earns money primarily through net interest income on loans and deposits, with additional income from wealth advisory and investment management services. As of December 31, 2025, the bank operated 38 full-service branches and five limited-purpose branches across Cumberland, Dauphin, Franklin, Lancaster, Perry, and York Counties in Pennsylvania, and Anne Arundel, Baltimore, Harford, Howard, and Washington Counties in Maryland. The loan portfolio spans commercial real estate, acquisition and development, commercial and industrial, municipal, residential mortgage, and installment categories. Shareholders' equity stood at $591.5 million as of December 31, 2025, up from $516.7 million at December 31, 2024. Net income was $80.9 million in FY2025. Thomas R. Quinn, Jr. serves as President and Chief Executive Officer, and Neelesh Kalani serves as Executive Vice President and Chief Financial Officer, both as of the 10-K filed March 12, 2026.

Revenue model

Net interest income from loans and securities funded by deposits, supplemented by fee income from wealth advisory, investment management, and other banking services. The balance sheet is deposit-funded with interest rate sensitivity managed through an asset/liability committee.

Products and services

Commercial real estate loans, acquisition and development loans, commercial and industrial loans, municipal loans, residential mortgage loans, installment and consumer loans, investment securities (including agency MBS, agency CMO, municipal bonds, non-agency RMBS, non-agency CMBS, ABS), deposit accounts, wealth advisory services, and investment management services.

Customers and end markets

Commercial businesses, real estate developers, municipalities, and individual consumers in south-central Pennsylvania and central Maryland. End markets include commercial real estate, small business, residential housing, and municipal finance.

Value-chain role

Direct lender and deposit-gatherer operating as a community bank; also acts as investment manager and wealth advisor for retail and commercial clients.

Geographic exposure

Pennsylvania (Cumberland, Dauphin, Franklin, Lancaster, Perry, and York Counties) and Maryland (Anne Arundel, Baltimore, Harford, Howard, and Washington Counties), as of December 31, 2025.

Competitors

Traditional commercial banks, Online banks, Financial technology companies, Investment advisory firms, Mutual fund companies, Stock brokerage firms, Trust companies

Source: SEC 10-K, filed 2026-03-12

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